Run the numbers on a purchase, refinance, home equity loan, or debt consolidation.
Estimate the annual percentage rate once points and fees are included.
Include fees that count as finance charges (origination, underwriting, processing, prepaid interest, mortgage insurance). Appraisal, title and recording fees usually do not.
Estimated APR
6.667%
Note rate
6.500%
Monthly P&I
$2,212
Points cost
$3,500
Total finance charges
$6,000
APR reflects the cost of the loan including finance charges, expressed as a yearly rate. Your Loan Estimate shows the official APR for your loan.
* This estimate is provided for illustrative and informational purposes only and does not constitute a loan approval or commitment to lend. Actual rate, APR, and payment will depend on your credit profile, loan program, and market conditions at the time of rate lock. 1st 2nd Mortgage Co. of N.J., Inc. — NMLS # 115981.